Monday, 15 August 2022

Article on " MBA Chai Wala " by Aashi Kumari

 

  MBA CHAI WALA

(an aspiration to learn in top B-schools to becoming a guest speaker in IIMs)

Aashi Kumari, Roll No. 02

B.Com Semester IV, Session 2020-23


Like we all know that India is country which has a large number of youth and they are working so for keeping them active and energetic there is a famous beverage in INDIA ‘TEA’.

Many people found opportunity in this segment and started their business in ‘TEA’. The one of the famous and well-known entrepreneur is a Prafull Billore also known as MBA CHAI WALA.

He is a graduate from bachelor of commerce and while prepearing for MBA in finance. He started working for other companies than he found that why to work for others if I can become an owner of myself so he started a TEA STALL with 8,000 rupees which he borrowed from his father and the first day of TEA STALL was went terribly wrong and then he started approaching customer by talking them politely in English it attracts the people that a chaiwala is speaking in English. It gains so much popularity through social media, it includes a special corner in his stall for job seeker people where they can give their details and if the persons is required they can approach them. His motive not to earn only from their business but also providing employment to the person.

It gains the popularity because of the name and many people calls it a last option for not getting place in a MBA but Prafull says that a MBA stands for Mr.Billore Ahmedabad chaiwala and not Masters in Business Administration.

It was started in a 2017 and built an empire of 3 crore by selling tea. Now they are having a turnover of 5 crore and the net worth in 2021 was more than 5 crore. It has a 50+ total outlets in many major cities of India and it targets to cross 200 outlets by the end of 2022. MBA chaiwala also takes an order to set up a stall in weddings and any other functions which takes place in India.

It has a bright future ahead because TEA is a drink which consume by the all age groups of INDIA. Now Prafull is willing to start his own Tea Leaf brand and his solo aim is to provide a local Tea theela a great business idea and to help in expanding their business.

In his initial days he only make a 150 rupees but now his per day income is approx. 1.38 lakhs and the monthly income is approx. 42 lakh and their turnover per year is approx. 5 crore. The total net worth of Prafull is 30 million he is one of the youngest millionaire entrepreneur of India who become millionaire by selling tea.

Reference Website: 

www.gkhub.in

en.wikipedia.org

www.mbachaiwala.com

 

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